DevPort AB Reports Earnings Results for the First Quarter Ended March 31, 2024 - Marketscreener.com
| DEVP-B Stock | SEK 27.30 0.30 1.09% |
About 62% of DevPort AB's investor base is looking to short. The analysis of current outlook of investing in DevPort AB suggests that many traders are alarmed regarding DevPort AB's prospects. The current market sentiment, together with DevPort AB's historical and current headlines, can help investors time the market. In addition, many technical investors use DevPort AB stock news signals to limit their universe of possible portfolio assets.
DevPort |
DevPort AB Reports Earnings Results for the First Quarter Ended March 31, 2024 Marketscreener.com
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DevPort AB Fundamental Analysis
We analyze DevPort AB's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of DevPort AB using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of DevPort AB based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Beta
Beta Comparative Analysis
DevPort AB is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
DevPort AB Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with DevPort AB stock to make a market-neutral strategy. Peer analysis of DevPort AB could also be used in its relative valuation, which is a method of valuing DevPort AB by comparing valuation metrics with similar companies.
Peers
DevPort AB Related Equities
| VIT-B | Vitec Software | 3.77 | ||||
| FPIP | FormPipe Software | 2.32 | ||||
| SUS | Surgical Science | 0.88 | ||||
| TEQ | Teqnion AB | 1.06 | ||||
| LIME | Lime Technologies | 1.74 |
Complementary Tools for DevPort Stock analysis
When running DevPort AB's price analysis, check to measure DevPort AB's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy DevPort AB is operating at the current time. Most of DevPort AB's value examination focuses on studying past and present price action to predict the probability of DevPort AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DevPort AB's price. Additionally, you may evaluate how the addition of DevPort AB to your portfolios can decrease your overall portfolio volatility.
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